ASX:CDM has outperformed the market, delivering superior risk adjusted returns since inception (over 12 years). Around 40% of our shareholders are Self Managed Super Funds (SMSF), positioning the company as a key vehicle for retail and SMSF investors seeking diversified Australian equity exposure.
Cyborg Score Rationale
Cadence Capital demonstrates consistent outperformance versus benchmark indices with nearly two decades of track record. Strong institutional positioning with significant SMSF shareholder base. However, recent underperformance against ASX All Ordinaries Index and modest recent dividend yield may temper investor enthusiasm.
Top Insights
Nearly 20-year track record of outperformance with superior risk-adjusted returns versus market benchmarks
Significant institutional ownership through SMSFs (40%) provides stable shareholder base and recurring investment flows
Recent 12-month underperformance of -7.52% versus ASX All Ordinaries suggests market headwinds or style drift
Attractive dividend yield of 7.5% targets income-focused investors with 6 AUD cents per share distributions
Named Competitors
Australian Equity ETFs — Passive index-tracking alternatives to active LICs
Other Listed Investment Companies — Competing active management vehicles in closed-end fund space
Cadence Opportunities Fund — Sister LIC (CDO) with shorter-term trading focus
Recent Developments
(April 2025) Investment Update and NTA released maintaining portfolio positioning
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